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  <title>What Lawyers Get Wrong About Litigation Funding and the ABS with Rick Meadow</title>
  <description>Rick Meadow has tried over 25 cases to verdict and spent two decades helping build The Lanier Law Firm into one of the most recognized mass tort practices in the country. In 2023, he founded The Meadow Law Firm in Phoenix as one of the first plaintiff-side practices operating as an Arizona Alternative Business Structure. In this episode, Mirena and Rick cover how the ABS model works in practice, how to evaluate a litigation finance partner, and why the wrong capital can destroy a litigation. They also discuss how defense settlement strategies have shifted, what plaintiff firms should be looking at before getting into a new mass tort, and why social media litigation is attracting so much money right now and why Rick is careful about how much he puts into it. Plus: how a bartender who quit college ended up at the top of the mass tort bar, and why Rick is now building a firm designed to outlast him. &amp;amp;nbsp; </description>
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